PYC doesnt have the easiest technology or IP to understand but once people wake up and work out just what PYC is about, what we are achieving and what we are trying to achieve i think we will see quite a steady and sustainable re-rate.
At the moment PYC is being valued as if we have something that others have already got, but people will soon wake up and work out that PYC has achieved something recently that others have tried to achieve for decades and we could just be the first company to achieve a ground breaking, life saving resolution to a world wide problem that has yet to be resolved but is what PYC is currently on the cusp of doing.
Put a value on the chance of delivering a cure for cancer directly into the cancer cells to destroy them.....
Personally i think its work for then the EV of $28 million the market is currently valuing PYC at.
If PYC was listed anywhere else eg. China, US, Europe where investors seem to have a better grasp on technologies like PYC's then id imagine we would be trading closer to the $100-$200m mark currently.
Time will tell but heading in the right direction in the right sector at the right time it seems.
Good luck all, bought a few more today also.
PYC Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)